OK, it’s 5 in the morning here, my Google Reader is still sleeping and at 8:45 AM I’m on a panel called Feeding the World’s Population…I know. So that’s why there’s only two links below, but they’re both great reads:
Noted momentum trader and TRB buddy Joe Fahmy announced last night that he’s gone mostly to cash. Joe has a good feel for when the market changes character, I’d check out his reasoning even if you disagree:
Market’s Running Out of Steam (JoeFahmy)
Today’s other must-read is Jessica Pressler’s in-depth look inside the whips-and-chains world of Lynn Tilton, the most controversial Wall Streeter on the circuit right now. Sample quotation: “I’ll be your girlfriend but I won’t be your bitch” – and that’s what she says to her clients. For the record, I think she’s awesome and people should stop picking on her for being a real person. Judge for yourself:
What Does It Take for a Female Tycoon to Get Noticed Around Here? (New York Magazine)
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